Sat, Jun 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Total number of single-manager hedge funds reached record level of 7,867 in 3Q12: hedge fund news, week 50

Saturday, December 15, 2012

In the week-ending 14 December 2012, Hedge Fund Research reported that new hedge fund launches and liquidations had maintained the pace of recent quarters in 3Q12 despite macroeconomic risks, political uncertainties and regulatory changes; Michael Cagney, a hedge-fund manager backed by China’s largest social-networking website, is starting a series of loan funds that targets Ivy League graduates; and UK-listed F&C A. M. launched the F&C Real Estate Equity Long/Short UCITS fund.

Horton Point LLC, a systematic trading firm based in New York, is now moving into the incubation business and is raising a private equity fund to serve as a seeding vehicle for a number of systematic traders; and SAIL Advisors said it was searching for strategies including long/short credit, relative value and long/short equity hedge funds for allocations next year.

WSJ reported that around eight hedge funds closed down in November and early December due to uncertain markets, tighter regulations and investors’ short-term horizons; and Martin Currie said it would shut down its long/short equity strategy China Hedge Fund after the firm got a $14m fine from U.S. and UK regulators.

The HFRI Fund Weighted Composite Index posted 0.35% gains in November (+4.9% YTD); the Bloomberg Hedge Funds Aggregate Index climbed 0.2% (+1.4% YTD); the Hennessee Hedge Fund Index was up 0.36% (+5.47% YTD); the Barclay Hedge Fund Index gained 0.40% (+6.36% YTD): the EurekaHedge index was up 0.52% (+4.51% YTD); the SS&C GlobeOp Hedge Fund Index went up 0.77% (8.9% YTD); the UCITS HFS Index was up +0.32% (+3.06% YTD); and the Newedge CTA Index lost 0.15% (-3.07% YTD).

North Asset Management’s MaxQ reported positive performance YTD with 13% gains; Blackheath’s Volatility Arbitrage Strategy Fund ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. FinTech - Rise of robots: Inside the world's fastest growing hedge funds[more]

    From Bloomberg.com: Believe the hype. Quants have never been more popular. After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric rise is due to the same technolog

  2. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  3. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  4. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  5. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to